Bank of Baroda has officially launched the Pradhan Mantri Vidyalaxmi (PM-Vidyalaxmi) Scheme, an initiative by the central government designed to provide financial support to meritorious students pursuing higher education. Digital Access to Education Loans Under PM-Vidyalaxmi Scheme Students seeking financial assistance can now digitally apply for an education loan under the PM-Vidyalaxmi Scheme through Bank …
On March 28, 2025, the BSE Sensex was down by 0.25%, closing at 77,414.92, while the Nifty50 fell by 0.31% at 23,519.35. Among sectors, only Nifty Media and Nifty IT ended in the red, dropping by over 1.75%. Top Gainers of the Day Symbol LTP (₹) Change(%) TATACONSUM 1,001.90 2.91 KOTAKBANK 2,174.00 2.13 APOLLOHOSP 6,614.00 …
Adani Green Energy Limited (AGEL), one of India’s leading renewable energy companies, has been awarded a major solar project by the Uttar Pradesh Power Corporation Limited (UPPCL). The Letter of Award (LOA), received on March 27, 2025, was granted to AGEL’s wholly-owned subsidiary, Adani Renewable Energy Holding Twelve Ltd. The contract enables the company to …
Bharat Heavy Electricals Limited (BHEL), one of India’s leading engineering and manufacturing companies, has received a significant Letter of Intent (LOI) from Chhattisgarh State Power Generation Company Limited (CSPGCL). The LOI pertains to an Engineering, Procurement, and Construction (EPC) package for a supercritical thermal power project in Korba, Chhattisgarh, valued at approximately ₹11,800 crore. Share …
Bharat Electronics Limited (BEL), a Navratna Defence Public Sector Undertaking, has announced additional orders worth ₹1,385 crore since its last disclosure on 12th March 2025. With this latest oders, the company’s total order inflow for the financial year has reached ₹18,415 crore. New Orders Across Defence and Electronic Systems According to a stock exchange filing, …
India’s electric vehicle (EV) industry is experiencing rapid growth, driven by strong government support, increasing investments, and rising consumer demand. With policies like the Faster Adoption and Manufacturing of Electric Vehicles (FAME-II) and Production Linked Incentive (PLI) schemes, India has emerged as a key player in the global EV revolution. As of August 2024, over …
Jindal Steel & Power (JSP) has been announced as the highest bidder for the Saradhapur Jalatap East coal block in a recent auction by the Ministry of Coal. The mine is located about 11 km from the company’s Angul steel plant, ensuring better access to raw materials. This move strengthens the company’s supply chain and …
Adani Energy Solutions Ltd (AESL) has strengthened its transmission infrastructure by acquiring Mahan Transmission Ltd (MTL) for ₹2,200 crore. The acquisition aligns with AESL’s strategic growth plan, enhancing its power evacuation capacity and shareholder value. Acquisition of Mahan Transmission AESL signed a share purchase agreement with REC Power Development and Consultancy to acquire a 100% …
Bharat Forge Limited’s wholly owned subsidiary, Kalyani Strategic Systems Limited (KSSL), has partnered with Spain-based Duma Engineering Group S.L. (DUMA) to establish a new defence-focused joint venture in Spain. The agreement was formalised on March 27, 2025, with KSSL holding a majority stake. Joint Venture Structure and Stakeholding Under the agreement, KSSL will own 90% …
As per news reports, Saudi Aramco, the world’s largest oil exporter, is in discussions to invest in two refinery projects in India. These include a planned refinery by Bharat Petroleum Corp (BPCL) in Andhra Pradesh and a proposed refinery by Oil and Natural Gas Corp (ONGC) in Gujarat. The move aligns with Aramco’s strategy to …
